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Three units, all under $600,000, remain in Little Bay Cove development Solis: June 30 investor countdown
By
Cassidy Knowlton
Page 1 of 2 Charter Hall and TA Global’s Solis development in Little Bay Cove is 95% sold, with just three one-bedroom apartments still available.
Buyers who want to take advantage of the NSW government’s home builder bonus, which applies to new properties under $600,000 for both owner-occupiers and investors and exempts buyers from stamp duty, have until July 1 before the scheme expires. First-home buyers would probably be wise to wait until October to purchase if they are willing to risk missing out on the last few apartments, but upgraders and investors could miss out on a stamp duty savings of up to $22,490 if they don't purchase by July 1. NG Farah agents Dennis Vertzayias and Peter Goulding are marketing the project.
There are three apartments under this threshold remaining in Solis, all one-bedders. Prices start from $499,000.
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Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
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